The document outlines plans for establishing a Center for Innovation, Incubation and Entrepreneurship (CIIE) at IMS Ghaziabad. The CIIE will have several wings including an E-Cell run by students to promote entrepreneurship, an Innovation and Entrepreneurship Development Center (IEDC) supported by the government, and a business incubator supported by the DC-MSME scheme. The E-Cell will organize various events and activities to develop students' entrepreneurial skills. The CIIE will support the identification and incubation of potential student and external startups. An activity calendar outlines various workshops and programs planned for the first year to promote entrepreneurship and launch the CIIE.

1. CENTER FOR INNOVATION, INCUBATION
& ENTREPRENEURSHIP
By S R Mustafa

2. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP
Our Vision
To create a world class facility and support
infrastructure to translate knowledge and
innovation into creation of successful
entrepreneurs.
Our Mission
IMS will create an ecosystem that will foster and
support innovation and knowledge based
entrepreneurship amongst the IMSians community,
students of neighbor institutions and other startups
of the region leading to the creation of innovative
startups.

3. Organization
 A separate society needs to be registered as non
profit society / section 25 company.
 Managing / Executive committee need to be
appointed for the planning, execution and
monitoring of the center. ( structure of the
committee may be discussed and decided by the
management)
 Allocation of 2000 sqr ft area with office
infrastructure to accommodate minimum 5-10
startups.
 Membership of NEN, TiE, Nasscom, ISBA, FICCI-
CMSME, PHD Chamber of commerce. ( remember
CII and Assocham is not best fit for the startups)
 Separate website of the center with hyperlink on
the IMS-Ghaziabad website and group of
institutions website under center of excellence
menu.
CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP

4. Major wings / projects under the umbrella of the
center of excellence
E-Cell – Student led organization to promote
entrepreneurship among IMSians and other
neighboring students.
IEDC- Innovation and entrepreneurship
development center under support from NSTEDB,
DST, Govt of India.
DC-MSME Incubator – Business incubator under
DC-MSME support scheme for entrepreneurial and
managerial development.
Technology Business Incubator – NSTEDB, DST,
Govt. of India supported technology business
incubator.
CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP

5. IMS-eCell
IMS students run independent organization to promote entrepreneurship among
IMSians, students of neighbor institutions and other aspiring entrepreneurs of the
region. The objective of e-Cell is to develop entrepreneurial and managerial skill
of students through practical approach of learning by doing.
Organization
 Advisory board comprising
alumni, faculty members and
corporate leaders.
 Executive team of students.
 Separate website hyper-link
with IMS group of institutions.
Role
Execution wing of the IMS-CIIE for
organizing various events and
entrepreneurial activities.
Outcome
Entrepreneurial culture, identification of potential entrepreneurs to be supported
under IEDC and DC-MSME scheme, Increase in the valuation of the brand equity
of the institution.
CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP

6. Proposed activities through e-Cell
 Conduct of workshops / training
 Launch of My stories program
 Launch of one week venture program
 Launch of intra IMSian startup challenge
 Launch of Flagship open startup challenge
 Conduct of eSummit 2014 / 15 and startup Award
Growth plan of the cell
 Separate society would be registered by students
for students run and governed by IMS-CIIE
 Launch of membership program to make the cell
self sustainable.
CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP

7. Activity Calendar
Month Activities
June Planning & preparqation
July
Ideation to execution -
workshop @ IMS-Gzb by
S R Mustafa
Ideation to execution -
workshop @ IMES by S R
Mustafa
Formation of e-Cell and
selection of the team
Website development for
CIIE and e-Cell
August
Training program on Social
Media Marketing by
external training agencies
Launch ceremony of the
cell and webiste
Technology trends and
business opportunities -
National seminar
Business Planning -
workshop by SR Mustafa
@ IMES
September
Intellectual property rights
- workshop @ IMES by
external experts
Training program on Open
source technologies by
external trainer
Business Planning -
workshop by SR Mustafa
Launch of My story
session
October
Launch of intra IMSian
idea challenge 2014
Launch of Open Startup
Challenge 2014
November Preparation and marketing drives for eSummit 2014
December Conduct of 2 days grand eSummit 2014, idea presentation and startup Expo
January
Identification of 5
students / external
startups
submission of proposal to
NSTEDB for IEDC
submit of proposal to
access grant support to
the incubate companies
under DC-MSME scheme
CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP

8. Lets ideate more…………. Your suggestions are highly
recommended to improvise the program to create a better impact.
CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP

9. Some suggestions
Separate flex hoarding should be erected for CDC and CIIE at wall side
of the campus.
Separate landing web page needs to be created for CDC where
detail of the training program shall be texted.
Association of CDC should be with Vskill to conduct certified training
program.
Social media marketing must be taken aggressively to promote every
center of the IMS to create visibility and branding.
Students services center – A separate center should be open to provide
services to students such as financial services, education loan, awards,
scholarship, grant etc.
CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP

10. CENTER FOR INNOVATION, INCUBATION &
ENTREPRENEURSHIP
References
http://web.mit.edu/sfs/afford/undergraduate_expenses.html